Starbucks to take full control of Japanese unit
It will buy the remaining 60.5% share in a two-step deal worth US$913.5m
[LOS ANGELES] Starbucks Corp on Tuesday said it plans to buy the remaining 60.5 per cent share of Starbucks Coffee Japan Ltd that it does not already own in a two-step deal valued at about US$913.5 million.
Starbucks Japan has operated as a joint venture between Starbucks and its partner Sazaby League since 1995. Over the summer, Sazaby approached the world's biggest cof…
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